ADVENT INDUSTRIES, LLC (MD) - 2020 PPP Loan Borrower Profile (# 8603917002)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVENT INDUSTRIES, LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Maryland.

Loan Detail

Loan Number

8603917002

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$224,800

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$226,205

Date Loan was Forgiven

Nov 27, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

4,800

Payroll Proced

200,000

Rent Proceed

20,000

Lender

BOM Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

327331

Borrower Location

FROSTBURG, MD

Project Location

FROSTBURG, MD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.